sam20051968

sam20051968

19Jun 2023 World Markets 1. US is looking bullish but is over bought. 2.Asia is making a pull back. but bullish. 3. Europe is looking bullish after a brief pull back. INDIA VIX and SGX Nifty 1. India VIX is below 11. That is the reason indices pull back strongly on Friday. 2. SGX Nifty is indicating a flat opening today at 18900 futures and 18820 spot. This...

sam20051968

16 Jun 2023 WORLD MARKETS 1. US markets are looking over bought. The hawkish stance of Fed might have spooked the market. They are looking tired. 2. Europe on the other hand is bearish as the ECB has raised the interest rate by 25 Bps.. 3. Asia is overbought and is pulling back. INDIA VIX AND SGX NIFTY. 1. India VIX is at 11 down by a percent indicating...

sam20051968 Updated 

15 JUn 2023 WORLD MARKETS 1. US and Asia is still looking bullish. Europe has turned bullish. SGX NIFTY AND INDIA VIX 1. SGX Nifty is indicating a flat opening at18852 Fut, Nifty spot will be around 18800 levels. Bank Nifty is at 44000 levels. 2. India VIX is static at 11 for the last 7 days . It is taking support at 10. INDEX HEAVY WEIGHTS 1. HDFC bank is stuck...

sam20051968

14 JUN 2023 1. US and Asia is looking very bullish. While US has gained a percent plus while Japanese Nikkei shot up 2.5%. 2. US inflation has come down at 4% which is below the expected 4.1%. This is positive for US market as the Fed may maintain the status quo on interest rate. SGX NIFTY AND INDIA VIX 1. India VIX is below 12 indicating bullishness. 2. SGX Nifty...

sam20051968

13 Jun 2023 1. World markets are looking neutral with a bullish bias. India VIX and SGX Nifty 1. India VIX is below 12 indicating less volatility. That can be seen in last 2 days rangebound market. 2. SGX Nifty is indicating flat opening at 18601. This amount to 44000 for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is slowly moving down to 200 SMA at 1580 without...

sam20051968

12 Jun 2023 1. World Markets are looking neutral to bullish. US and Asia is looking bullish while Europe is neutral to bearish. SGX NIFTY AND INDIA VIX 1. India VIX is below 12 indicating less volatility. SGX Nifty is indicating 52 points uptick at 18665. This amounts to 120 points uptick for bank nifty at 43130 levels. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking...

sam20051968

08 Jun 2023 WORLD MARKETS 1. World markets are consolidating with a bullish bias. INDIA VIX AND SGX NIFTY 1. India VIX is at 11.2 indicating low volatility. SGX Nifty is indicating a flat opening as of now at 18726 Fut and 18604 spot. INDEX HEAVY WEIGHTS. 1. HDFC Bank as discussed took resistance at 1625 - 1630 range and closed at 1608. But it is still above 1600...

sam20051968

07 Jun 2023 WORLD MARKETS 1. US is mixed with S&P and DJI bullish while NASDAQ looks over bought. 2. Europe is neutral to bearish. 3. Asia is looking bullish. INDIA VIX AND SGX NIFTY 1. India VIX is at 11.3 . SGX Nifty is indicating 38 points uptick at 18655 spot. This amounts to 100 points uptick for bank nifty at 44265. INDEX HEAVY WEIGHTS 1. HDFC Bank has...

sam20051968

06 Jun 2023 1. US and Asia are bullish. whereas the Europe is bearish. SGX NIFTY AND INDIA VIX 1. SGX Nifty is indicating a dn tick of 38 points at 18717 fut. That amounts to 44000 for bank nifty . 2. India VIX is low at 11.3 indicating low volatility. INDEX HEAVY WEIGHTS 1. HDFC Bank has repeatedly taken support at 1596 -1600 in the past three days. Also it has...

sam20051968

05 JUN 2023 1. All the world markets have pulled back with 1.5 -2 % gain on indices. This may be due to the US debt ceiling resolution which averted the US sovereign default which otherwise could have rattled lot of world economies. Also US un employment data came above expectation giving way for a hope of pause in rate hike by fed later in this month. SGX NIFTY...

sam20051968

02 JUn 2023 1. World markets are looking neutral to bearish. 2. US senate passed the abolition of debt sealing till 2025 to enable US govt to borrow more money to avoid default in payments. THIS IS A POSITIVE. However voting has to happen. 3. India GDP has grown at 7.2 % indicating pick up of economic activity. INDIA VIX and SGX Nifty 1. India VIX has come down...

sam20051968

01 Jun 2023 1. World markets are bearish. All markets are over bought and they are all pulling back. 2. So Indian markets may also pull back to its 20 SMA on a daily chart. In fact Bank Nifty did just that and has pulled back above 44000 which is a strong support. SGX NIFTY AND INDIA VIX 1. India VIX is at 12 which implies volatility. SGX Nifty is indicating 95...

sam20051968

31 May 2023 1. World markets are looking mixed with US looking neutral to bullish whereas Asia and Europe is looking mixed. SGX NIFTY AND INDIA VIX 1. Sgx Nifty is indicating 75 points downtick at 18654 futures which is around 18640 spot. Bank Nifty is liklEY to open 200 points down at 43200 levels. INDEX HEAVY WEIGHTS. 1. HDFC BAnk is facing resistance at 1640...

sam20051968

30 MAY 2023 1. US Markets has a holiday today and US futures are indicating a flat opening for the US markets. 2. Europe is mixed with a neutral bias. 3. Asia is bullish. SGX NIFTY AND INDIA VIX 1. SGX Nifty is indicating a flat opening @ 18681 and 18600 spot. This amounts to 44320 for bank Nifty. 2. India VIX has again up and above 12. INDEX HEAVY WEIGHTS 1....

sam20051968

29 May 2023 1.US markets have rallied. However looks like a pull back rally for S&P and DJI. whereas NASDAQ has rallied 2.5 % indicating bullishness. 2. Europe seems to have pulled back but look bearish on a daily chart. and Asia is looking mixed. SGX NIFTY AND INDIA VIX 1. SGX Nifty is indicating 84 points uptick at 18620. However on friday the nifty did not open...

sam20051968

26 May 2023 1. US indices are mixed with S&P and DJI bearish while NASDAQ bullish. 2. All European indices are looking bearish. Asia is mixed with a bullish bias. SGX Nifty and India VIX 1. SGX Nifty is indicating 90 points uptick as of now. at 18412. This amounts to 200 points uptick to bank nifty at 43900 levels. 2. India VIX has come down below 13 at...

sam20051968

25 MAY2023 1. US markets are trading in red. It is awaiting the fed and govt decision on debt sealing. Any un certainty in this may prove very bearish for US and in turn world economies. 2. Following US, Europe and Asia is also trading bearish. SGX NIFTY AND INDIA VIX 1. India VIX has raised 4 % at 13.1 which is high and bearish as the raise in VIX has been...

sam20051968

24 May 2023 1. world markets are looking neutral to bearish. US markets are down 1-1.5 % down. 2. SGX Nifty is indicating 67 points down tick at 18300. This amounts to 180 points down tick to Bank Nifty at 43700. INDEX HEAVY WEIGHT STOCKS 1. HDFC Bank is looking bearish. It has support at 1630 and resistance at 1650. Any break of 1630 will be bearish with a tgt...